Why is Polycon Intl. falling/rising?

As of 08-Jul, Polycon International Ltd is experiencing a price increase, currently at 28.75, reflecting a rise of 0.77 or 2.75%. The stock has shown strong performance, outperforming its sector by 3.51% today and trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has surged by 11.05%, and over the past month, it has increased by 43.68%. However, there is a notable decline in investor participation, with delivery volume falling by 92.58% compared to the 5-day average. While the stock has generated a return of 5.82% over the last year, it has faced challenges such as high debt levels and poor long-term growth metrics, including a negative operating profit over the past five years.
In the broader market context, Polycon International Ltd's recent performance stands in stark contrast to the Sensex, which has only increased by 0.02% over the past week. The stock's strong returns over the last three years, with a remarkable 173.81% increase, indicate a consistent outperformance against the BSE500. Despite this, the company's high debt-to-equity ratio and declining net sales growth raise concerns about its long-term fundamental strength. The stock is currently trading at a discount compared to its peers, which may attract investors looking for value, but the underlying financial challenges could temper enthusiasm in the long run.